Africa Loses US$ 88.6bn Annually Through Corruption – EDA Reports. According to the Economic Development in Africa Report 2020 by the UN Conference on Trade and Development (UNCTAD), Africa loses about US$88.6 billion, 3.7 per cent of its gross domestic product (GDP), annually, in illicit financial flows. Even the lower estimates are on par with […]
Business
Nsiah Automobile Co. Making Strides In The Automobile Industry
Nsiah Automobile Co. Making Strides In The Automobile Industry. Having registered Nsiah Automobile Co.in 2009 as an indigenous private entity in the Automobile industry in Ghana under the leadership of a renowned entrepreneur Nana Yaw Nsiah, the company prouds itself for numerous archievements as it grows from strength to strength, reports King Amoah our business […]
Ghana’s Rice lndustry Has No Future – Rice Distributor Predicts
Ghana’s Rice lndustry Has No Future – Rice Distributor Predicts. The Southern Sector distributor of the Tamanaa Company’s Ltd rice, Alhaji Musa Abubakari has observed that the future of the country’s rice industry stands bleak since rice producers have no guarantee that prove that the challenges confronting the sector can be stabilized. Speaking to the […]
Butchers Association Hails Gov’t Over Cedi Stabilisation But Urges Officials To Do More To Sustain It
Butchers Association Hails Gov’t Over Cedi Stabilisation But Urges Officials To Do More To Sustain It. By King Amoah. The National Vice President of the Ghana Meat Sellers And Cutters Association, Chief Abdulai Wahab Ibrahim Tikuma has praised government for coming out with a policies that have seen the visibility of the currency appreciation in […]
Ghana Will Not Benefit, As IMF Approves Changing To Lending
The International Monetary Fund (IMF) has approved changes to its lending rules, enabling it to help countries facing exceptionally high uncertainty but unfortunately, Ghana does not fall within the criteria even though the West African country is also in debt distress and facing high uncertainty. That notwithstanding, the new rule opens the way for support […]
Dr. Acheampong Challenges Akuffo Addo’s IMF March Deadline
Dr. Theophilus Acheampong, an economist and political risk analyst has averred that President Akufo-Addo’s March deadline for the completion of the debt relief negotiations and executive board approval is not feasible. According to the economist, the earliest the country can complete the debt relief negotiations and get board approval for its debt relief programme is […]
Protoa Chairman Pleads With The Authorities To Ban Drivers Without Unions Cards From Operating
In his quest to ensure accident free on the roads the Ashanti Regional Chairman of the Progressive Transport Owners Association (PROTOA), Mr. Joseph Mensah has suggested that the Authorities should come out with measures that could ban drivers who have no valid official documents from the recognized transport Unions. He stated that it would be […]
Debts Exchange Program: Former Attorney General Can Win Case If She Sues Gov’t – Kusi Boafo Predicts
The Executive Officer for Public Sector Reforms, Dr Thomas Kusi Boafo, has disclosed that former Chief Justice, Sophia Akuffo, can win her case if she sues the government for including pensioners’ bonds in the Debt Exchange Programme. According to him, the government is not handling the pensioners in the proper way. The economist said he […]
Kumasi Abattoir Is Ready To Maintain Discipline To Boost The Meat Industry
As part of measures to ensure that the Kumasi Abattoir gains reputation to compete favourably with their foreign counterparts, the Chief Butcher of the outfit who also doubles as the National Vice Chairman of Meat Sellers Association, Chief Alhaji Ibrahim Wahab Tikuma has indicated that the outfit will soon roll out plans to clamp down […]
Reduction of fuel prices, finally revealed by COPEC
Newsdesk reports.(read and share the article to friends). According to the Chamber of Petroleum Consumers (COPEC), Ghanaians should disregard reports that petroleum product prices will be reduced as a result of the government’s yet-to-be-implemented Gold for Oil Policy. Speaking to Starr News, COPEC Executive Secretary Duncan Amoah stated that if the 40,000 tons expected to […]